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Monday, November 22, 2010

Warren Buffett: Bailout was "pretty good for government work"

A lot of conservative talking heads have slammed the stimulus bill and the bailout, but at least one beneficiary of a stable American economy, Warren Buffett, thinks Uncle Sam did a pretty good job.

Well, Uncle Sam, you delivered. People will second-guess your specific decisions; you can always count on that. But just as there is a fog of war, there is a fog of panic — and, overall, your actions were remarkably effective.